February 14, 2019

Exclusive: Alibaba in talks on stake in China operations of Germany’s Metro – sources

Chinese E-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German retailer’s China operations, three sources told […]
February 14, 2019

Deutsche CEO faces investor pressure on investment bank: sources

Deutsche Bank said it has done enough to get its investment bank back on track as Chief Executive Christian Sewing came under renewed pressure from top […]
February 14, 2019

Nissan, Renault and Mitsubishi executives reaffirmed importance of alliance: Mitsubishi chief

The chief executives of Japan’s Nissan and Mitsubishi Motors met with the newly appointed chairman of Renault in Tokyo on Thursday and reaffirmed the importance of […]
February 14, 2019

German govt adviser proposes broader view of EU antitrust rules

European Union antitrust rules could be reformed to introduce a two-stage review of mergers that would examine competition issues and then broader public interests, said the […]
February 14, 2019

Belgian tax break for large companies is legal: EU court

A Belgian tax break which benefited about 35 large companies is legal, an EU court said on Thursday, giving a boost to Apple and other companies […]
February 14, 2019

Renault embarks on post-Ghosn era with lower profit goal

Renault set a weaker full-year profit goal on Thursday, citing currency challenges and market uncertainties, as the French carmaker presented annual results without its recently ousted […]
February 14, 2019

Nestle’s overhaul starts to pay off as growth accelerates

Nestle put its Herta processed meats business on the block on Thursday, accelerating the food group’s revamp as it reported an uptick in sales momentum for […]
February 14, 2019

Airbus to scrap production of A380 superjumbo

Europe’s Airbus announced plans to scrap production of the A380 superjumbo on Thursday, abandoning its dream of dominating the skies with a cruiseliner for the 21st […]
February 14, 2019

Emirates agrees with Airbus to reduce A380 order, to buy other jets

Emirates airline said on Thursday it had reached an agreement with Airbus to reduce its total order of A380 aircraft from 162 to 123 jets. Powered […]
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